Tag: renewable energy

How decarbonisation enhances cost savings and revenue growth

For businesses, decarbonization transcends mere compliance with regulations; it offers substantial financial benefits. According to Position Green, CFOs and sustainability leaders are discovering that embedding...

Clean energy FinTech CapeZero secures $2.6m to transform project financing

CapeZero, a software platform aimed at simplifying financial workflows for clean energy developers, has secured $2.6m in a seed funding round.

Descartes Underwriting introduces $70m parametric insurance product for solar farms

Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage. The...

Climate FinTech Bees & Bears secures €500m to advance household energy...

Bees & Bears, a climate FinTech focused on financing sustainable energy solutions, has secured €500m in financing commitments to support the installation of energy-efficient systems in private households across Germany.

Plenti secures $60m funding to accelerate green financing

Plenti Group Limited, a FinTech company specialising in providing innovative financing solutions, has announced the launch of its HEUF discounted green loans.

Understory bags $15m in Series A for renewable energy sector

Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.

How ESG reporting strengthens stakeholder relations and strategic decision-making

In the realm of sustainability reporting, ESG reporting has become a crucial tool for organisations looking to support long-term value creation.

XTCC pioneers first Shariah-compliant carbon credit investment ecosystem

XTCC, an investment ecosystem that specialises in high-integrity carbon credits, has announced the launch of the first Shariah-compliant multi-currency asset class for high-integrity carbon credits.

CEOs and Investors align on ESG goals amid climate extremes, EY...

In response to the escalating challenges posed by climate change, business leaders globally are intensifying their commitment to sustainable practices. Despite another year marked by climate extremes—including severe heatwaves, droughts, and catastrophic floods that pushed the global average temperature to 1.48 degrees Celsius above pre-industrial levels—CEOs are steadfast in their efforts to decarbonize and achieve net zero emissions.

The European Commission answers questions about the 2040 climate target

The European Union is embarking on an ambitious journey to become the first climate-neutral continent by 2050, with a significant milestone set for 2040.

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